Faroe Islands Manufacturing Output 1998-2024

Manufacturing refers to industries belonging to ISIC divisions 15-37. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.
  • Faroe Islands manufacturing output for 2022 was $0.25B, a 5.65% decline from 2021.
  • Faroe Islands manufacturing output for 2021 was $0.26B, a 16.73% increase from 2020.
  • Faroe Islands manufacturing output for 2020 was $0.22B, a 2.71% increase from 2019.
  • Faroe Islands manufacturing output for 2019 was $0.22B, a 21.62% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Japan $818.40B
Germany $752.74B
South Korea $429.06B
Italy $321.93B
France $265.23B
United Kingdom $258.58B
Ireland $202.57B
Spain $161.70B
Saudi Arabia $160.03B
Switzerland $150.63B
Poland $122.85B
Netherlands $115.19B
Argentina $101.32B
Singapore $98.32B
Australia $91.30B
Sweden $79.18B
Austria $74.92B
Belgium $73.79B
Czech Republic $60.99B
Puerto Rico $52.39B
UAE $49.32B
Denmark $46.65B
Finland $43.99B
Portugal $31.25B
Hungary $30.28B
Norway $29.30B
Chile $28.62B
Qatar $21.89B
Slovak Republic $20.97B
Greece $19.82B
Kuwait $12.57B
Oman $12.04B
Slovenia $11.93B
Lithuania $11.56B
Bahrain $9.52B
Croatia $8.41B
Uruguay $7.08B
Trinidad and Tobago $6.68B
Latvia $5.31B
Estonia $5.00B
Panama $3.80B
Brunei $3.69B
Hong Kong $3.40B
Luxembourg $3.13B
Iceland $2.91B
Cyprus $1.53B
Malta $1.28B
Barbados $0.30B
Faroe Islands $0.25B
Macao $0.23B
Bahamas $0.14B
Andorra $0.12B
Channel Islands $0.11B
Seychelles $0.11B
Curacao $0.08B
Cayman Islands $0.06B
Antigua and Barbuda $0.05B
St. Kitts and Nevis $0.04B
Bermuda $0.03B
Palau $0.00B
Faroe Islands Manufacturing Output - Historical Data
Year Billions of US $ % of GDP
2022 $0.25B 6.93%
2021 $0.26B 7.15%
2020 $0.22B 6.86%
2019 $0.22B 6.67%
2018 $0.18B 5.62%
2017 $0.18B 6.17%
2016 $0.15B 5.32%
2015 $0.16B 6.38%
2014 $0.18B 6.07%
2013 $0.13B 4.92%
2012 $0.13B 5.44%
2011 $0.13B 5.27%
2010 $0.13B 5.39%
2009 $0.13B 5.46%
2008 $0.13B 5.08%
2007 $0.12B 5.09%
2006 $0.11B 5.42%
2005 $0.10B 5.67%
2004 $0.11B 6.35%
2003 $0.10B 6.80%
2002 $0.09B 7.35%
2001 $0.09B 7.65%
2000 $0.07B 6.58%
1999 $0.08B 7.26%
1998 $0.08B 6.94%